Funding you earn now, next payment 22:00 UTC+0.0011%/8h= +1.2% APRpaid last 24h −0.068%
Price spread now: QFEX against Binance0.000%53s7-day average +0.022% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.530% of the position
Funding, last 3 days (all we have)−0.107%−$11 on $10k
+Price spread, last 2 days (all we have)+0.175%+$18 · spread now 0.000%, 7d avg +0.022%
=Funding pays, the price is against you. QFEX is 0.022% cheaper against Binance than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.022%). If the spread goes back, that is −$2 on $10k: about 6.5 days of funding at the current rate ($0 a day). Mind the row above: over the last 3 days funding on this pair cost −0.107%, so the current rate has only just turned in your favour. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BMNRUSDT | 28.330 | 0 | get 0.0000% / 8h | 2h 03m | $22.4M | $55.4M | 25x |
| Short | QFEX BMNR-USD | 28.330 | 0.0011 | get 0.0001% / 1h | 3m 43s | $1.2M | $1.8M | 10x |
Binance BMNRUSDT
QFEX BMNR-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $2.35
- Price spread: 0.000% → +0.022%
- −$2.19
- Slippage, 4 orders
- −$33.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$52.86
- Costs to cover
- 0.530%
- Break-even
- 164.3 days
Slippage from Binance: live order book, 8 min ago; QFEX: live order book, 8 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Binance live order book, 8 min ago | 1.76 bp | 13.8 bp −$14 | 35.7 bp −$357 | 142.2 bp −$14.2K | doesn't fit |
| Sell QFEX live order book, 8 min ago | 1.76 bp | 13.8 bp −$14 | 21.2 bp −$212 | doesn't fit | doesn't fit |
BMNR on 20 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BMNRUSDT | 0.0000% | 8h | 28.365 | +0.125% | $53K | $98K | 20x | as long as short |
| Extended BMNR-USD | 0.0000% | 1h | 28.317 | −0.046% | $40K | $462K | 10x | as long as short |
| Binance BMNRUSDTlong | 0.0000% | 8h | 28.330 | long leg | $22.4M | $55.4M | 25x | |
| Bybit BMNRUSDT | 0.0000% | 8h | 28.331 | +0.004% | $3.4M | $2.0M | 25x | as long as short |
| OKX BMNR-USDT-SWAP | 0.0000% | 8h | 28.340 | +0.035% | $3.6M | $6.1M | 20x | as long as short |
| Gate BMNR_USDT | 0.0000% | 8h | 28.330 | 0.000% | $3.8M | $10.5M | 50x | as long as short |
| Bitget BMNRUSDT | 0.0000% | 8h | 28.350 | +0.071% | $2.0M | $1.2M | 20x | as long as short |
| Variational Omni BMNR | 0.0000% | 8h | 28.334 | +0.013% | $326K | $481K | — | as long as short |
| GRVT BMNR_USDT_Perp | 0.0000% | 8h | 28.348 | +0.064% | $5K | $198K | 10x | as long as short |
| SunX BMNR-USDT | 0.0000% | 8h | 28.330 | 0.000% | $1K | $1.0M | 10x | as long as short |
Aster BMNRUSDT
Extended BMNR-USD
Bybit BMNRUSDT
OKX BMNR-USDT-SWAP
Gate BMNR_USDT
Bitget BMNRUSDT
Variational Omni BMNR
GRVT BMNR_USDT_Perp
SunX BMNR-USDTShow all 20 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX BMNR-USDT | 0.0000% | 8h | 28.364 | +0.120% | $5K | $39K | 20x | as long as short |
| Phemex BMNRUSDT | 0.0000% | 8h | 28.320 | −0.035% | $1.6M | $1.5M | 10x | as long as short |
| QFEX BMNR-USDshort | +0.0011% | 1h | 28.330 | 0.000% | $1.2M | $1.8M | 10x | |
| BloFin BMNR-USDT | +0.0014% | 8h | 28.370 | +0.141% | $213K | $59K | 20x | as long as short |
| Lighter BMNR | +0.0032% | 1h | 28.381 | +0.180% | $337K | $25K | 10x | as long as short |
| tradeXYZ xyz:BMNR | +0.0050% | 1h | 28.345 | +0.053% | $951K | $1.5M | 10x | as long as short |
| Ondo Perps BMNR-USD.P | +0.0050% | 1h | 28.290 | −0.141% | $37K | $34K | 5x | as long as short |
| Vest BMNR-USD-PERP | +0.0098% | 1h | 28.380 | +0.176% | — | $36K | 25x | as long as short |
| KuCoin BMNRUSDTM | +0.0100% | 8h | 28.330 | 0.000% | $706K | $758K | 20x | as long as short |
| ApeX Omni BMNRUSDT | +0.0100% | 1h | 28.350 | +0.071% | $25K | $170K | 50x | as long as short |
HTX BMNR-USDT
Phemex BMNRUSDT
BloFin BMNR-USDT
Lighter BMNR
tradeXYZ xyz:BMNR
Ondo Perps BMNR-USD.P
Vest BMNR-USD-PERP
KuCoin BMNRUSDTM
ApeX Omni BMNRUSDT